The Bank of England on Thursday hiked its interest rate for a tenth time in a row as global authorities race to combat sky-high inflation.
The central bank’s Monetary Policy Committee voted at a regular meeting to lift its key interest rate by a half-point to 4.0 percent, the highest level since late 2008.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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